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Al-Ufuq Educational Profits Up 52.6%
Al Ufuq Educational Company achieved a growth of 52.63% in its profits during the fiscal year ending June 30, 2026, on a year-on-year basis. Its profits increased to 15.18 million riyals compared to 9.94 million riyals in the previous year, driven by a 66.56% rise in revenues to reach 67.9 million riyals, thanks to the opening of a new branch and an increase in student numbers. The company also announced a cash dividend of 5 million riyals to shareholders for the second half of the 2025/2026 fiscal year, at a rate of 2 riyals per share, representing 20% of the nominal value. The dividend payout is scheduled to commence on September 22, 2026.
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